349 Texas Hollow Road ● Union County, Tennessee
349 Texas Hollow Road ● Union County, Tennessee
Home Tract: 5.00 Acres improved with quality-built and maintained 1,884 sq ft home on one
level; detached 2-car garage; storage shed; and large barn with power for shop area. Home
has 3 Bedrooms, 2 Baths, Living Room with Fireplace, Kitchen, Formal Dining Room plus Casual
Dining off Kitchen, Family Room/Office, Laundry Room & Basement.
Real Estate Auction
S ATURDAY , J UNE 6, 10:00 AM
Basic Terms and Conditions
136.5 ACRES PRIME TIMBERLAND SELLING IN 11 TRACTS
Selling: For the Living Estate of Paul Marvin.
Crystal Chandelier
Carpet over Hardwood Floors
1,884 SQ FT HOME ● BUILDING EQUIPMENT & MATERIALS ● PERSONAL PROPERTY
Auction Sale: Property is auctioned “AS IS, WHERE IS” with all faults in its
condition at the time of sale without recourse by way of refund, reduction of
the purchase price, or otherwise. Bidders should perform such independent
investigation with respect to the property as they deem necessary or
appropriate. 14 day inspection period for lead-based paint runs now until
sale date.
Liability: Bidders inspecting property enter at their own risk. Seller and
Auction Company assume no risk for bodily injury or damage to personal
property.
Casual Dining/Sunroom
Personal Property:
Appliances Included
Quality Furniture;
Home Furnishings;
‘41 Chevrolet Pickup
Extensive Array of
Shop Tools, Equipment,
and Building Materials
Pay cash or check.
Office/Family Room
Bring your truck and take
possession day of sale.
This home was built in the 1950’s with
construction materials that are cost prohibitive
today. Also, the traditional styling continues to be
popular.
Paul Marvin, a professional contractor, has
maintained and updated this fine home to suit the
most discriminating home buyer.
Financing: Your bidding & purchase of the property are not conditional
upon financing. Be sure you have arranged financing, if needed, and are
capable of paying cash at closing. The balance due at closing within 30 days
will be evidenced by signing a promissory note along with the sale contract.
Buyer’s Premium: 5% of the high bid. The Buyer’s Premium will be
added to the high bid on real estate to determine the final sale price.
10% Buyer’s Premium added to personal property.
Real Estate Deposit: A deposit in the amount of ten percent (10%) of
the contract sale price plus 5% Buyer’s Premium will be required on the day
of the sale. The deposit is payable by cashier’s check or pre-approved
personal check to East Tennessee Realty and Auction Escrow Account.
Personal checks will be approved if the buyer presents, at time of deposit
payment, a bank letter stating that the buyer is a customer of the bank and
that the account on which the check is drawn is in good standing. The
balance of the purchase price is due at settlement within 30 days.
Real Estate Deed: The real estate will be conveyed by a special warranty
Open House
deed free and clear of liens, subject however, to any rights of way,
easements, zoning, and restrictions of record.
Sunday, May 24
2:00 - 4:00 pm
General: The information contained in this brochure is subject to
Living Estate of Paul Marvin, Retired Building Contractor
verification by all parties relying on it. No liability for its accuracy, errors, or
omissions is assumed by the Seller or the Auction Company.
Announcements: Announcements on day of sale take precedence over
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all prior releases, verbal or written, concerning this sale.
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Directions: From Downtown Maynardville, take Hwy 33 north and turn right on SR 61E toward Luttrell. Go 2.5 miles
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and turn left on Texas Hollow Road (across from SR 370). Follow auction signs .9 mile — property on both sides of
Texas Hollow Road.
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Quiet, Rural Setting on Paved County Road
Large Acreage Tracts
Timberland with Trees Ready to Harvest
Pastureland with Creek
Extensive Road Frontage
Buy Multiple Tracts for Your Own Hunting
Preserve
3036 Highway 33 ● Maynardville, TN 37807
EAST TENNESSEE REALTY
& AUCTION COMPANY
OFFICE: (865) 992-8981 - Lic#46
FOR THE BEST AUCTION RESULTS, SEE US!
Gary, Rick & G.W. Rutherford, Selling Agents
Continuously serving East Tennessee for 46 years
www.easttennesseerealty.com
EAST TENNESSEE REALTY
& AUCTION COMPANY
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3 Bedrooms, 2 Baths, Living Room, Kitchen,
Formal Dining plus Casual Dining off Kitchen,
Family Room/Office, Laundry Room &
Basement
Detached 2-Car Garage, Storage Building, &
Large Barn Used for Construction Business Full of Tools, Equipment, & Building Materials
For Information or Consultation,
Please Contact:
Gary Rutherford
865-414-4049
Auctioneer’s
Note:
Lush timberland is
becoming a rarity, but when found there are
distinct advantages:
1. Low maintenance requiring a minimum of
equipment and time;
2. Recreational opportunities such as hunting,
hiking, and outdoor exploration;
3. Economic gains as mature timber is harvested
and replaced by new growth.
Consult with a forester for timber value and
potential.
David and Jennifer Lay
John Monroe
This estate auction offers an opportunity to own
a fine home surrounded by natural wilderness at
an affordable investment.
View timberland at your convenience and attend
our Open House on May 24!
Be Prepared to Bid!
Fran Roberts
Subdivision
Tracts Sold Individually,
in Combinations,
or in its Entirety
Chasity &
Brian Settles
Lance Miller
Gail Booker
Gerald Kitts & ETUX
Use Texas Hollow Rd for Your Morning
Walks or Trail Blaze through Timberland
Gail Booker
Extensive Frontage on Texas Hollow Road for Building Sites and/or Pastureland
Detached Garage, Storage Building, & Large
Barn with Power for Home-based Business
Several Tracts Include Spring Branch